Guidewire Software Reports Strong Fiscal 2026 Performance with Cloud Growth and AI Adoption
Guidewire Software (NYSE:GWRE) reported strong financial results for fiscal year 2026, ending the period with annual recurring revenue (ARR) of $1.237 billion, a 19% increase from the prior year on a constant-currency basis. Cloud ARR grew by 35%, reaching 84% of total ARR, while overall revenue rose to $1.475 billion and operating cash flow increased by 30% to $390 million. The company highlighted key customer developments, including Nationwide's decision to migrate its full InsuranceSuite estate to Guidewire Cloud and adopt PricingCenter for personal-lines pricing. ProNavigator, an AI-driven product integrated into ClaimCenter and PolicyCenter workflows, also gained traction with multiple wins during the year. Management expressed confidence in fiscal 2027, forecasting ARR between $1.45 billion and $1.46 billion. Guidewire's CEO emphasized that more than half of its projected net new ARR is already contracted with defined ramp dates, signaling strong visibility into future growth.
Tickers: $GWRE
Topics: AI products ARR cloud adoption operating cash flow revenue growth